HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs

In a session held yesterday, the High State Council (HSC) proposed the following measures to address Libya’s economic crisis: – The Central Bank of Libya should abolish taxes and fees imposed without legal basis on basic commodities, given their role in driving up prices and eroding purchasing power. – Parallel exchange rates for the eastern […] The post HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs appeared first on LibyaHerald .